This type of loan created in 2005 as a result of the social cohesion plan is dedicated exclusively to debtors who still have the possibility of repayment but who do not have access to conventional bank loans for various reasons.
The social microcredit is for the excluded of the banking circuit, in other words those that the traditional bank has rejected.
If a person can no longer make credit for lack of income, fixed employment, or even bank bans, microcredit is perhaps the ultimate backup solution.
It is organized by financial institutions accepted by the Social Cohesion Fund, voluntary associations such as the Red Cross, Restos du Cœur, Secours Catholique, but also social workers and other networks belonging to Caisse des Dépôts.
Whether you have a personal project in mind, whether you are looking to reintegrate into society or want to access or keep your home or job, personal microcredit will be a great help.
However, it is not intended to fill an overdraft or under the repurchase of credit, nor to satisfy the needs related to consumption.